The mean return during the period 7/17/09 to 11/10/09 was 28.3%, compared with a return on the S&P 500 of 16.2% for the same period. Since all of the stocks in the NNWC list have small market caps, I have also included the return on the S&P Smallcap 600 (12.6%).

More interesting is the variance of the individual stock returns about the mean.

The blue dots show the returns on the individual stocks from the NNWC list compared to the S&P 500 (red line). Notice how many of the returns are clustered near the S&P 500 line but that there are several outliers to the positive side.

Over the next several weeks I am going to look more closely at some of the individual stocks – both the ones that have done very well and those that are still trading below NNWC/share – to see if we can find some interesting opportunities.